The Auto Industry

In the automobile industry, a great proportion of income comes from selling automobiles. Globalization is the inclination of world investment and business to move from a country and local markets to a worldwide environment, is a major factor that affects the auto market. More than ever, it has been easy for foreign auto dealers to enter the American market creating competition. Competition is a major factor that takes a toll on the auto industry. In …

…competition? The answer is Yes it does. In conclusion, The United States car industry does have very high competition whether it's from foreign countries having better offers or people just simply prefer the look of foreign cars. When looking at the American car industries competition we should understand that our country is very diverse with many minority groups with people that have different taste and that plays a major roll in the business of automobiles.